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Dubai Investments’ Subsidiaries Sign Strategic MOUs at Industrial Partnership Meeting -thumnail

Dubai Investments’ Subsidiaries Sign Strategic MOUs at Industrial Partnership Meeting 

PC: Zawya Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), announced that its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), signed important Memorandums of

Business

Feb 13, 2025

Lizzie Chapman Resigns as Co-Founder of Reliance-Funded Swiffy Labs-thumnail

Lizzie Chapman Resigns as Co-Founder of Reliance-Funded Swiffy Labs

PC: Mint Lizzie Chapman, Swiffy Labs co-founder, has officially resigned from her operational position at the Reliance-funded financial services infrastructure startup. The move follows Chapman’s desire to concentrate on other

Business

Feb 13, 2025

SpotDraft Raises $54 Million in Series B Funding Round-thumnail

SpotDraft Raises $54 Million in Series B Funding Round

SpotDraft, a top contract lifecycle management (CLM) platform, has raised $54 million in its Series B funding round, with Vertex Growth Singapore and Trident Partners leading the investment. The round

Brands

Feb 13, 2025

BPMG Dubai and IEREI Sign Landmark MoU to Elevate Real Estate Brokerage and Management Professions -thumnail

BPMG Dubai and IEREI Sign Landmark MoU to Elevate Real Estate Brokerage and Management Professions 

PC: Zawya The Dubai Real Estate Brokerage and Property Management Group and the Innovation Experts Real Estate Institute have signed an MoU that aims to enhance training and networking opportunities

Brands

Feb 13, 2025

Dubai Launches UN Citiverse Challenge to Drive AI-Powered Virtual Worlds -thumnail

Dubai Launches UN Citiverse Challenge to Drive AI-Powered Virtual Worlds 

PC: Zawya Digital Dubai, together with the International Telecommunication Union (ITU) and the United Nations International Computing Centre (UNICC), has initiated the first-ever UN Citiverse Challenge. This initiative is bent

AI

Feb 13, 2025

Lucidity Raises $21 Million Series A Round Led by WestBridge Capital-thumnail

Lucidity Raises $21 Million Series A Round Led by WestBridge Capital

PC: Business Wire Lucidity, a multi-cloud storage management platform, has raised $21 million in a Series A funding round. WestBridge Capital led the round, with existing investor Alpha Wave joining

Investment & Funding

Feb 13, 2025

Dubai Future Foundation and IBM Partner to Establish Dubai as Global AI Hub  -thumnail

Dubai Future Foundation and IBM Partner to Establish Dubai as Global AI Hub  

Dubai Future Foundation (DFF) and IBM have signed a Memorandum of Understanding (MoU) to strengthen Dubai’s position as a global hub for artificial intelligence (AI). The agreement, signed at the

News

Feb 12, 2025

DIFC Introduces New PropTech Solution, Boosting Dubai’s Appeal as a Leading Property Investment Destination-thumnail

DIFC Introduces New PropTech Solution, Boosting Dubai’s Appeal as a Leading Property Investment Destination

Dubai International Financial Centre (DIFC), one of the developing global financial hubs in the Middle East, Africa and South Asia (MEASA), has launched new technology to allow third parties access

Business

Feb 12, 2025

UAE’s Top Islamic Lender DIB Posts 16% Rise in FY 2024 Net Profit-thumnail

UAE’s Top Islamic Lender DIB Posts 16% Rise in FY 2024 Net Profit

The UAE’s largest Islamic bank, Dubai Islamic Bank (DIB), achieved a good financial performance for 2024, reflecting the resilience of the bank along with its growth strategy. The bank announced

Business

Feb 12, 2025

Rapido Earns ₹250 Crore from Series E Funding Round, Led by Prosus-thumnail

Rapido Earns ₹250 Crore from Series E Funding Round, Led by Prosus

Rapido, a world brand in the ride-hailing sector, announced that Prosus has raised ₹250 crore (about $29.7 million) in Series E funding. This investment comes in 7 months after the

Business

Feb 12, 2025

du Announces Record 54 Fils per Share Dividend for 2024-thumnail

du Announces Record 54 Fils per Share Dividend for 2024

UAE telecommunications company du has announced record-breaking financial results for 2024, reflecting significant growth in revenue and profit. The company reported a revenue of AED 14.64 billion, representing a 7.3%

Business

Feb 11, 2025

Croft Beverages Raised $125K in Pre-Seed Funding to Support Sustainable Tea Production-thumnail

Croft Beverages Raised $125K in Pre-Seed Funding to Support Sustainable Tea Production

Croft Beverages, an exciting new sustainable tea company, has managed to raise a sum of $125,000 from a pre-seed funding round. This deal, including both equity and debt, has been

Business

Feb 11, 2025


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